Ideas & Trends | Webinar | Featured Provider Network
on Ways to Align Tuition Programs with Business Goals
The amount of funds available to an employee to finance degree based education is most frequently determined by the IRS guideline of $5,250 annually, rather than the actual cost to obtain a degree. Employers do not have a clear picture for planning purposes of how many years and how many dollars an employee might need in order to reach a certain goal. By examining the market price of tuition in US colleges and universities and removing the impact of discounts, CAEL and Bellevue University’s Human Capital Lab’s new report offers a truer picture around the nature of the investment required. The Market Price of Tuition report sheds light on how costs relate to types of degree and courses of study. It also compares these data with the typical $5,250 tuition cap and time to degree completion and provides insights on employee preferences in courses of study. Understanding the real market price of tuition can assist corporations in constructing tuition programs that align policy provisions for dollar allotments and allowable degrees of study with business goals in order to realize a sizeable, measurable return on the investment.
Click here to download The Market Price of Tuition.
With funding from The Alfred P. Sloan Foundation and in collaboration with Pace University and Bismarck State College, CAEL conducted an Exploratory Study of Enrollment Decisions and Persistence of On-Line Learners in NACTEL and EPCE. NACTEL and EPCE are two coalitions, managed by CAEL, that were formed to address workforce shortages in the telecommunications and electric power industries through online degree programs. This preliminary study provides insight into student behavior and decision making in associate degree programs sponsored by these coalitions, and sheds light on the motivations and challenges of working adult students. It also highlights the key role of tuition benefits as either a motivator that encourages student persistence or a significant factor in slowing down progress if the program is too restrictive. This study builds a strong case for tuition assistance as a vital part of a talent management strategy that supports company growth.
Click here to download Enrollment Decisions and Persistence of On-Line Learners in NACTEL and EPCE
“I especially appreciated the interaction with the whole group!”
Participant from Changes on the Way presented by Marcia Dresner, Corporate University Xchange.
“Very beneficial data! Very timely, too.”
Participant from Managing Tuition Benefits as an Investment presented by Elizabeth Hibner and Dr. Michael Echols.
CAEL’s Tuition Strategy Forum was held on November 7, 2007 in San Francisco. Speakers from Bellevue University and Corporate University Exchange reviewed recent research on tuition management and shared new insights and ideas. The positive feedback has led us to create two webinars on these topics. One will be held in February (more info below) and the other, on The Market Cost of Tuition report, will be held in May. Open discussion prevailed as executives from Boeing, Brunswick and Hewitt participated in a panel on how to think globally about learning and development, as speakers from Verizon Wireless and the Energy Providers Coalition for Education covered ways to leverage networks, and during roundtable discussions at the end of the day.
Are you looking to determine the ROI for your tuition assistance investments? Learn how a leading telecommunications provider, Verizon Wireless, has accomplished this goal. Through CAEL's Tuition Assistance Management Service, Verizon Wireless is able to receive and distribute data on employee participation and ROI. The impact for Verizon Wireless is divided into four categories: recruitment, retention, career mobility, and job performance. This article also outlines strategies for making the most of the TAP investment, including: pro-active marketing and communication about valuable skills and knowledge, recognition of success, and measurement of critical factors.
Click here to read the full article.
Free Webinar
Tuition Reimbursement: From Employee Benefit to Strategic Asset
The Webinar will cover: Tuition Reimbursement programs are often considered simply a check-mark employee benefit, with little attention paid to whether a company gets any value from the money spent. But Learning and Development organizations are getting more involved in these programs and asking questions about them. In response, Corporate University Xchange (CorpU) recently completed a detailed study of tuition reimbursement practices and will share some of those results. John Zappa, from the Council for Adult and Experiential Learning (CAEL), and Marcia Dresner, from CorpU, will talk about the missed opportunities in today’s programs, and some of the ways that the most successful programs are reshaping themselves into strategic assets.
When: Tuesday February 28, 2008 - 2 PM Eastern Standard Time
Register here
We have added another 2 quality educational providers since our last quarterly edition of CAEL’s TAPwire, making 53 members of the CAEL Featured Provider Network (FPN). FPN schools are all regionally accredited, respected higher education institutions that have agreed to provide CAEL Tuition Assistance Management Service (TAMS) clients with significant tuition discounts. The following schools are new FPN members:
University of San Francisco – Is a Jesuit Catholic University, founded 1855. It ranks among the top 20 national universities for student ethnic diversity and international student enrollment. This program is powered by University Alliance Online, provider of Internet-based education from the nation’s leading accredited universities. In March, 2008, the University of San Francisco’s School of Business and Management will be offering master certificates in Supply Chain Management and Sales and Sales Management.
American Intercontinental University – AIU, founded in 1970, is a regionally accredited multi-campus University with locations in Atlanta, GA; Houston, TX; Los Angeles, CA; South Florida, and London, England. AIU Online is the web-based virtual campus of American InterContinental University that brings a new level of flexibility and accessibility to higher education.
New featured providers are highlighted in blue.- Alexandria Technical College
- American Intercontinental University Online
- Ashford University
- Ashland University
- Benedictine University
- Bisk Education
- Boston University – Corporate Education
- Boston University – Metropolitan College
- Bryant University
- Capella University
- Centenary College
- Century College
- Chapman University
- Charter Oak State College
- The Chicago School of Psychology
- Colorado Technical University
- DeVry University & Keller Graduate School of Management
- Drexel University – Drexel Online
- Empire State College SUNY
- Fairleigh Dickinson University
- Fisher College
- Florida Tech University Online
- Gonzaga University
- Indiana University School of Continuing Studies
- Jacksonville University
- Kaplan University
- Lake Superior College
- Loyola University New Orleans
- Marylhurst University
- Metropolitan State University
- Minnesota State University, Mankato
- Minnesota West Community and Technical College
- National-Louis University
- New England College of Finance
- Northcentral University
- Rasmussen College
- Regis University, School for Professional Studies
- Regis University MBA Online
- St. Joseph College
- Saint Joseph University
- Saint Leo University
- Southern New Hampshire University
- Stevens Institute of Technology
- Strayer University
- Thunderbird Garvin School of International Management
- Tulane University
- University of Notre Dame
- University of San Francisco
- University of Scranton
- University of South Florida
- Utica College
- Villanova University
- Western Governors University
Ideas & Trends | Webinar | Featured Provider Network
